Brick-Front Duplex with
For Sale
$1,699,900
Pending
699 Ionia Ave, Staten Island, NY 10312
Brick-front duplex with a private apartment, finished basement, pool, garage, and flexible interior space.
Property Size4,044 SF
Lot Size0.26 Acres
Days on Market214
Property Features for 699 Ionia Ave
General Information
Standard status
Pending
Size
4,044 SF
Total Parking Spaces
2
Lot size
0.26 Acres
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Multifamily Units
2
Amenities
heated in-ground pool
wood-burning fireplace
summer kitchen
Building Details
Year Built
1993
Buildings
1
Construction
colonial
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
Listed By:
Kristen Mezzacappa · License #10301208209
(917) 757-1705
Source:
Statenislandhomelistings
Added: Mar 20
Changed: Oct 1
Last Checked: Oct 16 at 9:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeService Cangiano Estates
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Investment Insights
Based on property information with market context.
Built in 1993, this 4,044-square-foot brick-front duplex combines substantial interior space with multiple living areas. The main residence includes four bedrooms, formal living and dining rooms, a custom eat-in kitchen with granite counters and stainless steel JennAir appliances, and a family room with a wood-burning fireplace. A finished basement adds hardwood floors, a family room, summer kitchen, 3/4 bath, bedroom, and storage. The property also includes a private one-bedroom apartment with a new heating system.
Set on a 94 x 119 property at 699 Ionia Avenue in Staten Island, the site includes a circular driveway, two-car garage, patio, and heated in-ground pool with a new filter. The backyard provides additional outdoor space for dining, recreation, and gatherings. Zoning is R3X.
Set on a 94 x 119 property at 699 Ionia Avenue in Staten Island, the site includes a circular driveway, two-car garage, patio, and heated in-ground pool with a new filter. The backyard provides additional outdoor space for dining, recreation, and gatherings. Zoning is R3X.
Key Highlights
- 4,044‑square‑foot duplex built in 1993
- Private one‑bedroom apartment with new heating system
- Finished basement with bedroom, summer kitchen, 3/4 bath, family room, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,930
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,998,600
$2.0M
Cap Rate 7%
$1,427,571
$1.4M
Cap Rate 9%
$1,110,333
$1.1M
Market Conditions
NOI Build-Up for 4,044 SF
Gross rent
$155.3K $38.40/SF
− Vacancy
−$12.5K −$3.10/SF
EGI
$142.8K $35.30/SF
− OpEx
−$42.8K −$10.59/SF
NOI
$99.9K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,998,600
Cap Rate 7%
$1,427,571
Cap Rate 9%
$1,110,333
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M
NOI $99,930 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$1.26M
$1.10M – $1.47M
NOI $87,918 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,071 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick-front duplex with a private apartment, finished basement, pool, garage, and flexible interior space.
Where is this duplex located?
The property is located at 699 Ionia Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: 4,044‑square‑foot duplex built in 1993; Private one‑bedroom apartment with new heating system; Finished basement with bedroom, summer kitchen, 3/4 bath, family room, and storage
